Property Valuations for Estate Settlement by Greater Orlando Appraisal Assoc., Inc.
The task of settling an estate, while stressful is very important. As an executor you have been entrusted to carry out the wishes of the departed as swiftly and respectfully as possible. You can count on us to act quickly and with as much understanding to the feelings of everyone left behind.
Lawyers and accountants rely on our ethics when calculating real estate values for estates, divorces, or other disputes requiring a worth being placed on real property. Sometimes, everyone involved will have their own expectations of how the appraisal process should work; however, our understanding of the estate process will undoubtedly satisfy all parties involved. Because of our familiarity in dealing with the courts and different agencies, we produce reports that always meet all expectations.
Contact us today to discuss your personal estate appraisal needs and how we can put our experience to work for you.
Settling an estate most often depends on an appraisal to acquire fair market value for the property therein. It's understandable that thinking about an appraisal is the farthest thought from your mind. So, there's a chance the date an appraisal report is needed will be different from the date of death. Our professional staff is knowledgeable about the practices and requirements needed to supply a retroactive appraisal with an effective date and fair market value estimate matching the date you suffered the loss of your loved one. The ethical obligations explained within the Uniform Standards of Professional Appraisal Practice (USPAP) binds our appraisers to confidentiality, assuring the strongest degree of discretion for you.
Often, people do not fully acknowledge the need to have a comprehensive appraisal produced in support of the numbers displayed in general documents filed with the IRS and FL state agencies.
One of the most significant requirements in an appraisal is an appraiser-supported opinion of value in a comprehensive explanation as to how the appraiser came to his conclusion. Such a report will clearly demonstrate to the authorities that the numbers used are well-founded and correct.
Greater Orlando Appraisal Assoc., Inc. will provide an accurate report, which will provide an executor accurate facts and numbers that will meet IRS and state agency requirements. There's no need to worry when getting an appraisal from Greater Orlando Appraisal Assoc., Inc., because we will back it no matter what.
Opinions of value shown in documents filed with the revenue authorities absolutely should be backed by an exhaustive report as to how the appraiser came to his conclusions.